Eastside Distilling Inc (NASDAQ:EAST) currently has a daily average trading volume of 55.17K but it saw 873653 shares traded in last market. With a market cap of 1.66M USD, the company’s current market price of $0.94 came rising about 36.32 while comparing to the previous closing price of $0.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.60 and as low as $0.65. In the recent trading on the day, stock has struck highest price mark of $0.7373 while lowest mark touched by it was $0.96.
Taking a look at 20-day trading activity of Eastside Distilling Inc (EAST) gives us an average price of $0.8191, while its current price level is -63.77% below from 52-week high level whereas it is 44.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.9371 while that of 200 days or SMA-200 reads an average of $1.0596. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.82% during that period while stretching the period over a month that decreases to 10.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.79 which implies that the stock is in neutral territory.
Over the week, EAST’s stock price is moving 30.83% up while it is -1.77% when we observe its performance for the past one month. Year-to-date it is -26.98% down and over the past year, the stock is showing a downside performance of -53.60%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.96 beaten by the consensus estimate of -1.25 for the same. The company is expected to be releasing its next quarterly report in September, for which analysts forecasted an EPS of -0.66 while estimate for next year EPS is -2.63. In next quarter, company is expected to be making quarterly sales of $3.94M as analysts are expecting the sales for current fiscal year at $12.31M and seeing the company making $21.36M in sales next year. Moreover, analysts are in estimates of $3.07M for current-quarter revenue.
Currently, Eastside Distilling Inc’s total number of outstanding shares is 1.71M. Company’s return on equity (ROE) at -260.25%. Stock’s beta reads 1.80. Stock has a price to sale or P/S ratio amounts to 0.16. Its return on asset (ROA) is -38.99% on average.
